PARC PLACE INC (EIN 371405937) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Julia Kim Cornwell

Phone

3096913800

Tax Period

2024-07-01 to 2025-06-30

PARC PLACE INC, founded in 2001, is a micro nonprofit in the Housing & Shelter sector that reported $80K in total revenue in fiscal year 2024. Expenses of $108K exceeded revenue, resulting in a 35% operating deficit.

Mission

Provide housing for individuals with intellectual and developmental disabilities

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $74,115

Investment Income $885

Other Revenue $4,941

TOTAL REVENUE $79,941

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,939

Other Expenses $107,916

TOTAL EXPENSES $107,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,941	$79,122	+0.0%
Expenses	$107,916	$101,948	+0.1%
Net Income	$-27,975	$-22,826	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Broadhurst	Secretary/Treasurer	1	Officer Director	$0	$0	$0
Joe Corrigan	Vice President	1	Officer Director	$0	$0	$0
Kevin Nowlan	Director	1	Director	$0	$0	$0
Laura Sniff	Director	1	Director	$0	$0	$0
Kyle Grafford	Board Liaison	1	Director	$0	$0	$0
Tim Prunty	President	1	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$79,941	$107,916	$540,036	$-27,975
2024	$79,122	$101,948	$563,703	$-22,826
2023	$77,998	$97,860	$586,877	$-19,862
2022	$70,536	$96,320	$606,520	$-25,784
2021	$72,981	$92,322	$632,927	$-19,341
2020	$73,184	$92,899	$657,206	$-19,715
2019	$73,850	$92,837	$674,293	$-18,987

PARC PLACE INC